Bank Indonesia reported Indonesia’s external debt at US$437.9 billion in February 2026, growing 2.5% (yoy) from US$434.9 billion in January 2026. The main driver of this increase was the public sector, specifically the central back, in line with the inflow of foreign capital to its monetary instrument, namely Bank Indonesia Rupiah Securities (SRBI), while the private sector recorded with decline. Based on the structure, Indonesia’s external debt remains healthy supported by prudent management principle.